The vacations are upon us. As we contemplate all that’s occurred this 12 months and what the new 12 months might deliver, we reconnect with our households and buddies each far and close to. We’re additionally reminded of the dangers they face and the dangers dealing with the planet we all share.
On this last Insurance coverage Information Evaluation of 2021, Abbey Compton and I replicate on COP26, which happened final month in Glasgow. The insurance coverage trade’s function in creating larger resilience for susceptible nations and communities was a key a part of the dialogue and a driver of the brand new World Resilience Index Initiative.
World wide, farmers and others depending on the agriculture sector are feeling the impacts of local weather change. We talk about methods insurers will help obtain larger resilience in agriculture.
With the vacations coming, many people will likely be procuring the newest tech devices. Whereas our children might at occasions be extra tech-savvy than ourselves, the World Financial Discussion board is elevating issues in regards to the want for inclusive know-how for older adults. Inclusive applied sciences utilized utilizing linked and IoT gadgets can allow seniors trying to age in place and assist decrease prices related to elevated ranges of care.
For insurance coverage prospects whose plans are being disrupted by journey restrictions, Cancel For Any Motive insurance coverage might look like the one possibility. Because the COVID-19 pandemic persists and new variants seem, insurers might want to work with their prospects to mitigate and handle the related dangers, together with journey cancellation.
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